Transnational Corporations

Transnational Corporations (TNCs) are large companies that operate in multiple countries, managing production or delivering services across borders. These corporations often have their headquarters in one country but establish branches, factories, or offices in others to take advantage of local markets, resources, and labor. Examples include companies like Apple and Coca-Cola. TNCs play a significant role in the global economy by creating jobs, fostering international trade, and influencing cultures, but they can also raise concerns about labor practices, environmental impact, and economic inequality.